Monthly Archives: September 2015

EUR/USD: Euro trading lower ahead of the Euro-zone’s producer price index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.69% against the USD and closed at 1.1298, as the Euro-zone’s unemployment rate slipped to its lowest level in three years in July. Data showed that the jobless … Continue reading

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Crude Oil: Oil prices trading higher ahead of the EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices declined 7.35% against the USD for the 24 hour period ending 23:00GMT, closing at 44.15, owning to concerns about a weak Chinese economic growth, thereby dampening the demand outlook of the commodity from the … Continue reading

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Silver: White metal trading on a weaker footing in the Asian session

Silver Movement Silver prices remained unchanged at USD 14.60 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.56, with the silver trading 0.27% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1139.40 per ounce, as a massive sell-off in the global equity markets coupled with downbeat economic releases from the US and … Continue reading

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AUD/USD: Australia’s second quarter GDP grew at slower pace than market forecasts

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.39% against the USD to close at 0.7019, as manufacturing activity in China, Australia’s biggest trading partner fell into contraction territory in the month of August. LME Copper … Continue reading

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USD/CAD: Canadian economy fell into recession in Q2

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CAD to close at 1.3247. The CAD weakened, after Canada’s annualized GDP shrank 0.50% in 2Q 2015, following a revised drop of 0.80% in the … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.64% against the CHF and closed at 0.9598. The Swiss Franc gained ground, after the nation’s SVME PMI climbed more than expected to a reading of 52.2, entering … Continue reading

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USD/JPY: Japanese Yen reverses its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.34% against the JPY and closed at 119.59. In the Asian session, at GMT0300, the pair is trading at 119.99, with the USD trading 0.34% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading on a stronger footing ahead of UK’s construction PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.32% against the USD and closed at 1.5302, as manufacturing activity in the UK eased in August. The UK manufacturing PMI unexpectedly dipped to a level of 51.5 … Continue reading

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Trading Signals as per 01-September-2015

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.5268 1.5398 EUR/USD SELL Active 1.1352 1.1222 USD/CAD BUY Active 1.3038 1.3268 NZD/USD BUY Active 0.6268 0.6368 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Crude trading higher in the Asian session, ahead of API stock data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil prices advanced 6.60% against the USD, closing at 47.65. Yesterday, OPEC’s bulletin claimed that the oil cartel “stands ready to talk to all producers,” in order to stabilize … Continue reading

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